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Europe on course to double offshore wind capacity by 2020
Europe is on course to double its offshore wind energy capacity by 2020 after record investment last year, even though more projects should be awarded to preserve costs decreasing in the longer term, as stated by industry group WindEurope.
read more... 27/01/2017
China will make a $100 billion investment in wind power projects by 2020
China will invest over 700 billion yuan (approx. US$100 billion) in wind power facilities from 2016 to 2020, as mentioned by the National Energy Administration of China’s recent wind power expansion plan.
read more... 26/01/2017
Daily (26.01.2017): European spot electricity prices dip on stronger wind output, warmer weather
Crude oil prices tumbled less than 1 percent on Wednesday on figures showing an increase in U.S. crude stockpiles, reinforcing the view that oil prices are moving within a relatively tight range, spurred by expected OPEC production cuts, while dragged down by growing U.S. output.
read more... 26/01/2017
Gamesa awarded two contracts for wind turbines in Mexico
Spanish company Gamesa has been awarded two turbine supply contracts from Iberdrola for projects in Mexico, totalling 325.5MW.
read more... 25/01/2017
UK: Offshore wind costs drop by 32% in four years
The UK’s offshore wind industry has registered cost cuts of 32% – four years ahead of schedule. The joint government and industry objective to see costs of less than £100/MWh by 2020 has already been hit by wind farms that were given their final investment decisions in 2015 and 2016.
read more... 25/01/2017